The market was again volatile today. It was stronger in the morning, but, like yesterday, sellers came in in the afternoon. The techs were able to hang on to solid gains, though. The Dow finished down 12.37 points; SPX slid just 0.45 points; Nasdaq gained +22.66 points: XLF (financials) slipped again today, down 0.62%. XME [...]
Category Archives: QCOM
Market Clearing The Bar! SPX, Nasdaq, LEH, GS, GOOG, BIDU, ISRG, IBM, CSCO, HPQ, BRCM, QCOM
April 1, 2008 – 4:12 pm
This weekend, in my Market Forecast, I said, “For the new week, I think the market is in a good position to continue what it started early last week. We’ll again be watching to see if the market can rally above SPX 1340 and Nasdaq 2300. If it does, the important thing this week is [...]
Review 1/23/08: SPX, Nasdaq, MBI (MBIA), ABK (Ambac Financial), WYNN (Wynn Resorts), COF (Capital One Financial), QCOM (Qualcomm)
January 23, 2008 – 6:57 pm
What a wild day! The market was down “HUGE”, with the Nasdaq down almost 90 points at one point (AAPL was down almost $30, trading at $126; and GOOG was down over $65, trading under $520.)! This weekend, in my weekly Market Forecast, I said, “For the new week, the market could look to start [...]
Review 9/13/07: SPX, Nasdaq, QCOM, BRCM, RIMM, BIDU, SNDA
September 13, 2007 – 5:13 pm
Yesterday, I said, “I think the market is in a position to have a good rally tomorrow to get the 20-day MA above the 30-day MA!” Well, we did get a rally and the market now has the 20-day MA above the 30-day MA! The rally, though, was somewhat muted, especially among the techs. The [...]
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